BT Group PLC (NYSE:BT)‘s stock had its “neutral” rating reaffirmed by equities researchers at BNP Paribas in a research report issued on Thursday. They presently have a GBX 395 ($5.16) price objective on the stock.

A number of other brokerages also recently issued reports on BT. Haitong Bank reaffirmed a “buy” rating and set a GBX 560 ($7.31) price target on shares of BT Group PLC in a report on Tuesday, September 27th. Societe Generale reaffirmed a “buy” rating and set a GBX 500 ($6.53) price target on shares of BT Group PLC in a report on Tuesday, August 9th. Citigroup Inc. raised shares of BT Group PLC from a “neutral” rating to a “buy” rating in a report on Monday, June 27th. Goldman Sachs Group Inc. reissued a “conviction-buy” rating on shares of BT Group PLC in a report on Thursday, June 16th. Finally, Berenberg Bank dropped their price objective on shares of BT Group PLC from GBX 535 ($6.98) to GBX 506 ($6.60) and set a “buy” rating on the stock in a report on Monday, June 13th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $453.94.

Analyst Recommendations for BT Group PLC (NYSE:BT)

Shares of BT Group PLC (NYSE:BT) opened at 24.56 on Thursday. The stock has a 50 day moving average of $25.76 and a 200 day moving average of $28.90. BT Group PLC has a 52-week low of $24.36 and a 52-week high of $37.69. The company has a market cap of $48.79 billion, a price-to-earnings ratio of 12.93 and a beta of 1.14.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Stifel Financial Corp raised its position in BT Group PLC by 44.1% in the second quarter. Stifel Financial Corp now owns 18,406 shares of the company’s stock valued at $513,000 after buying an additional 5,630 shares during the last quarter. FDx Advisors Inc. purchased a new position in BT Group PLC during the second quarter valued at approximately $251,000. Cubist Systematic Strategies LLC raised its position in BT Group PLC by 66.8% in the second quarter. Cubist Systematic Strategies LLC now owns 32,480 shares of the company’s stock valued at $905,000 after buying an additional 13,005 shares during the last quarter. A.R.T. Advisors LLC raised its position in BT Group PLC by 24.1% in the second quarter. A.R.T. Advisors LLC now owns 14,924 shares of the company’s stock valued at $415,000 after buying an additional 2,900 shares during the last quarter. Finally, First Allied Advisory Services Inc. raised its position in BT Group PLC by 6.2% in the second quarter. First Allied Advisory Services Inc. now owns 8,074 shares of the company’s stock valued at $225,000 after buying an additional 474 shares during the last quarter. 1.17% of the stock is owned by institutional investors.

BT Group PLC Company Profile

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